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84750 Idrovia Court, Indio, CA 92203

$1,495,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 3,142 Status: Active
Current Price: $1,495,000 List Date: 4/01/2024 Last Modified: 5/20/2024

Description

Calling all savvy investors! This 3142 square foot property in Terra Lago is a lucrative investment waiting to be seized. With 4 br and 3 ba, plus an additional versatile futon room that can easily serve as a 5th br for your short-term rental, this property is primed for maximizing rental income and ROI. Renovated with approximately $100k in new furnishings, including the upgrade to luxurious vinyl plank flooring and a top-of-the-line pool heater, putting green, and game room this home is designed to impress both guests and investors alike. The short-term rental approval and active rental history ensure immediate income generation, making it a turnkey investment opportunity for those seeking to capitalize on the thriving vacation rental market. But that's not all! What truly sets this property apart is its standout feature: the $150,000 Teserra saltwater pool and spa, which is not only the largest pool in Terra Lago but also situated on the largest lot in the community. This enticing amenity is sure to attract guests seeking a luxurious and indulgent retreat, further enhancing the property's rental appeal and income potential. Situated on a sprawling half-acre lot at the end of a court, privacy and tranquility are guaranteed, enhancing the appeal to potential renters and ensuring high occupancy rates throughout the year. With a 3-car garage and a driveway accommodating 10+ cars, parking convenience is never a concern, adding another layer of desirability for renters.

More Information MLS# 219109321

Listing, Location and Property Info

APN: 696140021 Status: Active Entry Date: 2024-04-01 Listing Date: 2024-04-01 Original List Price: 1495000 List Price: $1,495,000 Current Price: $1,495,000 Land Type: Fee Property Sub-Type: Single Family Residence Street #: 84750 Street Name: Idrovia Street Suffix: Court County: Riverside State: CA Zip Code: 92203 Area: 309 - Indio North of I-10 Subdivision: Terra Lago Country: US

General Property Information

Total Bedrooms: 4 Full Baths: 2 3/4 Baths: 1 Approx SqFt: 3142 Total Baths: 3 SqFt Source: Assessor Fireplace: Yes Total Fireplaces: 1 Pool: Yes Garage: Yes Garage Description: Attached Sprinklers: Yes Building # of Stories: 1 Lot Size: 20473 Lot Size Source: Assessor Year Built: 2005 Furnished: Furnished Cross Streets: Spiaggia Pl

Listing Info

Short Term Rentals: Yes Will Consider Lease: No

Tax Info

Tax Mello Roos: Yes

Property Info

Golf Course Within Development: No Senior Community: No Gated Community: Yes PUD Y/N: Yes Total Monthly Association Fees: 285

Status Change Info

Status Change Date: 2024-04-01

Parking Spaces/Information

Total Uncovered/Assigned Spaces: 4 Total Garage Spaces: 3 Total Parking Spaces: 7

HOA Information

HOA: Yes HOA Fee 1: 285

DPR

DPR Eligible: No

Property Features

Sale Type: Standard Listing Terms: Cash; Conventional; FHA; Other View Type: Mountain(s) Irrigation: Sprinkler System Disclosures: CC & R; Home Warranty Plan; Homeowners Association Levels: Ground; One Appliances: Dishwasher; Dryer; Refrigerator; Self Cleaning Oven; Washer; Water Purifier Kitchen Features: Granite Counters; Island Eating Areas: Formal Dining Room; Kitchen Island; Living/Dining Combo Bedroom Features: All Bedrooms Down Bathroom Features: Double Vanity(s); Shower & Tub; Shower Over Tub; Tile Shower Flooring: Tile; Vinyl Cooling Type: Ceiling Fan(s); Central Air Pool Location: Private Pool Construction: In Ground Pool Description: In Ground Spa/Hot Tub Construction: In Ground Spa/Hot Tub Description: Private Heating: Central; Fireplace(s) Fireplace Location: Living Room Fireplace Features: Gas & Wood Rooms: Dining Room; Family Room; Living Room Laundry: Individual Room Security Safety: 24 Hour Security; Gated Community; Security System Leased Sewer: In, Connected and Paid Parking: Driveway Association 1 Frequency: Monthly Association Amenities: Controlled Access Land Lease Type: Fee Simple
Listing Office: HomeSmart
Listing Agent: Angela Maciel-Gibbons
Last Updated: May - 20 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.